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105-109 NE 5th Avenue, Aledo, IL 61231

Aledo
Local realty services provided by:CENTURY 21 Broughton Team
105-109 NE 5th Avenue,Aledo, IL 61231
$120,000
  • - Beds
  • - Baths
  • 2,816 sq. ft.
  • Multi-family
  • Pending
Listed by: adam merrick
Office: adam merrick real estate
MLS#:PA1263753
Source:IL_CAAR

Price summary

  • Price:$120,000
  • Price per sq. ft.:$42.61

About this home

Prime Investment Opportunity: 105-109 Northeast 5th Street, Aledo! Unlock incredible income potential in the heart of Aledo with this well-maintained four-unit building. This property represents a premier opportunity for investors seeking immediate cash flow and long-term stability. The strategic layout features two spacious two-bedroom units alongside two efficient studio units, ensuring a diverse appeal that caters to a wide range of local rental needs. What truly sets this investment apart is the perfect balance of stability and immediate growth. The building is currently anchored by reliable, long-term tenants, providing a solid foundation for your portfolio from day one. Additionally, one unit is currently vacant and move-in ready, offering the immediate upside of placing a new tenant at current market rates or even pursuing an owner-occupied financing strategy. Located within easy reach of local Aledo schools, parks, and downtown amenities, this turnkey multi-family property is...

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Home facts

  • Year built:1938
  • Listing ID #:PA1263753
  • Added:45 day(s) ago
  • Updated:March 16, 2026 at 08:17 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Crawl Space, Partial, Unfinished
  • Living area:2,816 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Forced Air, Gas Water Heater, Window Unit(s)

Structure and exterior

  • Roof:Shingle
  • Year built:1938
  • Building area:2,816 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Vinyl Siding

Schools

  • High school:Mercer County

Utilities

  • Water:Public

Finances and disclosures

  • Price:$120,000
  • Price per sq. ft.:$42.61
  • Tax amount:$3,817 (2024)

Parking

  • Total parking spaces:6
  • Parking description:Attached

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